Sales of existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at slightly lower levels. Existing home sales advanced 9.5 percent in February from January to an annual rate of 4.38 million, seasonally adjusted,
Yahoo Finance Live anchors Josh Lipton and Julie Hyman preview the top headlines to come for investors on Thursday, March 21, including earnings from companies like Nike (NKE) and FedEx (FDX), commentary from the Federal Reserve's Vice Chair for Supervision Michael Barr, and data prints on US existing home sales and PMI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry...
Sales of new homes fell slightly in February, though January’s number was revised higher, the Census Bureau reported on Tuesday.The annualized pace of sales came in at 662,000 compared to the upwardly revised 664,000 in January, but February’s number was below the 675,000 forecast. On a year-over-year basis, sales are running 5.9% higher than in February 2023.The median price of a home sold dropped to $400,500 from $420,700. The mix of houses sold can affect the median selling price in any given...
Sales of previously occupied U.S. homes rose in February from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties on the market. Existing home sales climbed 9.5% last month from January to a seasonally adjusted annual rate of 4.38 million, the […]
SAN SEBASTIAN, Spain (AP) — Real Sociedad got its first home win since November when Mike Merino and Arsen Zakharyan scored to beat Cadiz 2-0 in the Spanish league on
The ongoing Korean rom-com Wedding Impossible, Episode 8 aired on tvN in South Korea last night to its lowest nationwide rating yet. Data via […]
The ongoing Korean rom-com Queen of Tears, Episode 6 ratings are out and, if you were one of those watching this superb K-drama, you […]
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Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. This week, researchers at the Federal Housing Finance Agency (FHFA) published a 52-page working paper titled, The Lock-In Effect of Rising Mortgage Rates. The FHFA researchers’ analysis reveals that the lock-in effect—where homeowners with lower mortgage rates are unwilling to sell and purchase another home at significantly higher mortgage rates—has resulted in 1.3 million...
Rocket Loans looks at the factors including home size, usage and insulation that affect monthly utility bills and which residents in the U.S. have the highest costs.
Portland, Ore. — The Portland metropolitan area’s unemployment rate rose slightly to 4.0% in February, up from
Where are teachers leaving classrooms at the highest rates? HeyTutor analyzed data from NCES and the RAND Corporation to find out.